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Re: multivalue post# 5414

Friday, 08/30/2019 12:05:13 PM

Friday, August 30, 2019 12:05:13 PM

Post# of 5799
I make the connection a little differently. They certainly wouldn't spend $100MM on talent. More likely, they would spend it on acquisitions or other growth efforts, and as they grew they would be able to offer more competitive salaries.

A company the size of CODA does not need $100MM for on-the-margin general corporate purposes. The shelf is there for one reason - to allow them to respond to opportunities that may arise.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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